The "up-to-the-minute Market Data" thread

Originally posted by mossme89
reply to post by DangerDeath

 

So here's something I'm confused about. If the Dow goes down to 3000, wouldn't that signal deflation instead of inflation, meaning that gold & silver would probably follow it down? In that case, it would probably not be a good idea to hold gold & silver.

The more we believe there is some grand scheme, meaning COMPLICATED, we shall be hallucinating.

I think Occam's razor will be of help:

1. Who are They bailing out?
2. They are bailing out themselves.
3. At whose expense are they bailing out themselves?
4. At yours and mine.

It couldn't be simpler.
Inflation means there's lots of money, but nothing to buy. Empty shelves.
Because there is China with lots of worthless consuming goods, inflation is out of question.
Deflation is better for Them.

It is going to be hell for many. The main problem is people are cowards and incapable of organizing in an efficient force to oust and uproot these "cronocrimenes"...

Originally posted by DangerDeath

 

So here's something I'm confused about. If the Dow goes down to 3000, wouldn't that signal deflation instead of inflation, meaning that gold & silver would probably follow it down? In that case, it would probably not be a good idea to hold gold & silver.

there are a few forward looking analysts out there who have stated the ounce of gold and the DOW will eventually reach parity

i.e. the DOW deflates & Gold inflates (subjectively)

it would not be a good idea to sell your gold before that time....
the relative price of gold will then stableize...although a house may then be had for 5 ounces of gold...
or a 100 acre working farm for 50 ounces of gold...as opposed to the local currency


a return to serfs & landbarrons

I would not trust paper gold more than paper Moon.

vitchilo, I love the pony show in the markets don't you? still we most wait to see and just seat back and watch.

DangerDeath, the whole 9/11 "memorial" and all the hoopla around the country with all the TV commercials and propaganda to remind us how great is this country was nothing but to keep the public reminded that everything the government does is for our "good".

Let's be good patriots and let the government do their jobs for us.

Still DangerDeath you nailed on the spot, "they" are bailing out themselves and that is what is been going on since 2008, the irony and what many doesn't even realized is that those bailouts are on the backs of the tax payers and don't even think that the Fat rats behind the financial in the global markets are going to lose anything.

Asia-Pacific market crashes on Eurozone scare, global growth woes

www.indiainfoline.com...

Fears over Europe's sovereign debt crisis intensified after the surprise resignation of a top German economist at the European Central Bank last Friday. Rumors that Greece would default added to the woes. Meanwhile, doubt over whether the US President's US$447 billion job creation package could revive the US and the global economy also depressed demand for riskier equities and the commodities.

Even EU markets knows a rat for what it is, US bailout billions are nothing but another hoax played on the back of the tax payers in the nation.

Tug of war:


[atsimg]http://files.abovetopsecret.com/images/member/38b9e46476b2.png[/atsimg]


DJIA 10877.93

down 114.20

-1.04%

Source


Sanity in the UK:

Acclaim for banking shake-up plan

There has been widespread support for a government-backed commission that has recommended UK banks ring-fence retail from investment banking.

The Independent Commission on Banking, led by Sir John Vickers, said it would "make it easier and less costly to resolve banks that get into trouble".

The ICB called for the changes to be implemented by the start of 2019...

...It says that the different arms of banks should be separate legal entities with independent boards.

Another of the ICB's recommendations is that banks must have a buffer to absorb the impact of potential losses or future financial crises - of at least 10% of domestic retail assets in top-quality form, such as shares or retained earnings.

That is a stiffer target than the 7% recommended by the international Basel Committee on Banking Supervision.

It also says the biggest banks should go further than this and have a safety cushion of between 17% and 20% of assets, made up of highest-quality assets topped up with bonds that can be easily converted to equity.

Way too late. But better late than never, I suppose.

On the other hand it should always have remained that way...


Want to know where the future of industry lies? 'Blue skies' technological innovation? Nope:

Scotch whisky exports soar by 22%

Emerging markets helped boost Scotch whisky exports by 22% in the first half of this year, according to new figures.

The Scotch Whisky Association (SWA) said global shipments between January and June reached £1.8bn, up from £1.47bn achieved during the same period in 2010.

The USA remained the top export market by value with shipments hitting £268m, an increase of about 14%.

The SWA also said growth in Asia and South America was "very strong".

Exports to Central and South America reached £214.4m in the first six months of the year - a 49% jump on the same period in 2010 - while shipments to Asia increased by 33% to £422.5m.

Taiwan is now a top five market for Scotch whisky, with shipments growing to £70m from £48m. Exports to Brazil rose by 56% to £44.8m.

'Strong contribution'
The equivalent of about 569 million bottles was exported in the first six months, an increase of 19% to the end of June.

(I have absolutely no idea why the entire world seems to be hitting the bottle...)

reply to post by pause4thought

(I have absolutely no idea why the entire world seems to be hitting the bottle...)

He, he, must be the global warming

Well,there are Rumours of a Currency Reform,which will happen as soon as this Week,on a pretty famous Blog from Germany,who say they have Insider Info. Which would mean that the Euro breaks up pretty soon. I won´t link the Site,since it seems that the they were attacked repeatly to stop them from releasing those Infos...

I don´t know if its true however,but seeing as alot of Banks are in deep sh*t right now,its not very hard to believe...we´ll see.

reply to post by DangerDeath


I can tell you this much, my husband and I are now socializing more than ever, for years we were nothing but at home during the weekends but now we decided that life is too short and worrying about the economy will only add years to our minds, so now we are out every Friday having drinks and playing trivia.

I love the strawberry bikinis.

Anybody know why gold dropped $50 today? Dropped from $1858 to $1808. I'm not sure if a stronger dollar is the reason why, the dollar still doesn't look so good, plus there's been some pretty steep drops.

reply to post by pause4thought


It would be better late than never except for a few things;

The buffer is capital provided by us the public.
The cost of banking will be higher for us, until they must become more competitive 2019.
Barclays is already planning to move to a more banker friendly climate, others will follow suit.

This is a well disguised BAILOUT!

i reckon this is is the tip of the pirimid for the greeks,

i really think now that this is it for them, they are going to default this time and everything will go down hill very fast for Europe first and then America, Greece have admitted they only have enough money left to pay back their loan for a few weeks, and Germany and France are preparing for the Greece default. stocks were hit hard over the last few weeks too, all the negative news going around the world at the moment on the news channels.

interesting times were in but gona be very hard on the average citizen

this is the start of the second and worse world recession!!

reply to post by mossme89


As far as i can see,there is no Reason why it should drop...but it could be that (insolvent) Banks are selling their Gold en masse to get Money now,which would indicate a last ditch effort to avoid going down anytime soon (or for a few more Days anyway...)

I don´t know if that is the Reason (other than pure Manipulation),but seeing as Bank Stocks are in Free Fall,its a big Possiblility...

So this might be the last drop in Gold for awhile...if the Banks don´t have anything left to throw at the Market...well,you get the Picture.


Don´t take the above as an Advice to buy or sell anything. Its only Speculation.

reply to post by marg6043


Yeah well they can't control the European markets apparently. Nor the credit default swaps markets.

BRING IT ALL DOWN.

Goldman Sachs below 100$! YAY!

Originally posted by Vitchilo
reply to post by marg6043

 

Yeah well they can't control the European markets apparently. Nor the credit default swaps markets.

BRING IT ALL DOWN.

Goldman Sachs below 100$! YAY!

I agree at this point. It's mathematically impossible to have anything but a collapse at the end of this road now, so why not stop with the emergency measures and let nature take it's course. The sooner we start into the pain and misery of it all, the sooner we reach the other end and can begin rebuilding. This slow, lingering misery isn't helping anyone and it's dooming our kids.

No need to 'Bring' it all down...We can simply let it fall under it's own weight and corruption by doing nothing further.

Originally posted by Threegirls
reply to post by pause4thought

 

It would be better late than never except for a few things;

The buffer is capital provided by us the public... This is a well disguised BAILOUT!

I confess this is news to me. How so?

Barclays is already planning to move to a more banker friendly climate, others will follow suit.

Interesting. Have you got a source?


Interesting post. (Though to an extent the whole issue could soon be merely academic. The whole world now seems to have accepted that Greece is going down.)

today is just a confirmation that markets and fraud will continue to manipulate the DOW/AMX/NASDAQ markets...
To Wit: the USA Stock Markets were down 180, 150, 130 most of the day ---- but 30 minutes to close the DOW reversed to a 60 point gain...
plunge protection team, banker cartel pumping the DOW, HFT going hog wild on speculation that they can game the system again tomorrow...


glad i have a miserly stock footprint already, because i would not start playing stocks today instead of the atmosphere of 15 years ago when it was sort of manageable and 'tame' compared to this casino of today.

the Govt & shadow gov't just is not going to kill the gollden goose anytime soon...
i guess they think that the global catastrophe will strike before they get to court at any rate...
so screw the regulators and oversight by the FCC among others...

reply to post by Wrabbit2000

so why not stop with the emergency measures and let nature take it's course.

They have to steal as much as possible before flipping the switch off.

That way, it's easier to steal money if there is more money to be accounted for. If there's 20 trillion gone... will people care to investigate if 500 billion is missing in the books? I don't think so.

Originally posted by Vitchilo
reply to post by Wrabbit2000

 

They have to steal as much as possible before flipping the switch off.

That way, it's easier to steal money if there is more money to be accounted for. If there's 20 trillion gone... will people care to investigate if 500 billion is missing in the books? I don't think so.

I think you're right and someone ought to do a whole thread on that someday. Where is the money going? We all still live in the same world where $20 to us is $20 to them and money buys about the same amount of goods regardless of who is holding the checkbook. So....When 500 billion vanishes or 2 trillion may vanish from the DOD...where IS that going? It's buying something. An almost unthinkable amount of somethings.... Someday after it all crashes down, I suppose we'll find out where it all went.

reply to post by Wrabbit2000

Someday after it all crashes down, I suppose we'll find out where it all went.

That money is probably funneled in drug cartels, mercenaries, big corporations so they can sell at below price and destroy competition... and then buy them on the cheap.

Paying bribes. Buying natural resources in third world countries. Etc...

It's all about centralization of power.